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60 Degrees Pharmaceuticals (SXTP) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 15, 2026

60 Degrees Pharmaceuticals (SXTP) reported revenue of $162K for the first quarter 2026 (Q1 2026), -0.9% from a year earlier and -47% from the quarter before.

Revenue$162K
Year over year-0.9%
Quarter over quarter-47%
Operating margin—
Net earnings−$2.1M

60 Degrees Pharmaceuticals, Q1 2026: revenue $162K (-0.9% year over year), net loss $2.1M, operating cash flow −$2.7M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$162K-47%-0.9%
Operating profit−$2.1M——
Net earnings−$2.1M——
Operating cash flow−$2.7M——

What changed

Revenue was $162K in Q1 2026, down 1% year over year and down 47% from the previous quarter.

Gross margin was 47.1%, down 8.1 points from Q1 2025. Operating costs exceeded revenue by $2.1M, an operating margin of -1292.5%. Operating expenses grew 9% against a revenue fall of 1%. The quarter ended with a net loss of $2.1M, wider than the previous quarter's $1.4M loss. Minority interests bore $1K of it: to shareholders the quarter was a loss of $2.1M.

Operating cash flow was −$2.7M. Non-cash charges added back $26K of depreciation and amortization and $124K of share-based compensation. Working capital and other items used $801K. Capital expenditures of $30K exceeded it, leaving free cash flow of −$2.8M.

Questions

What was 60 Degrees Pharmaceuticals' revenue in the first quarter 2026?

60 Degrees Pharmaceuticals (SXTP) reported revenue of $162K for the first quarter 2026 (Q1 2026), -0.9% from a year earlier and -47% from the quarter before.

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Source: 60 Degrees Pharmaceuticals 10-Q on SEC EDGAR.